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ETH $2,487.44 -0.61%
BNB $743.48 -1.80%
XRP $1.40 -1.56%
SOL $104.89 -1.55%
TRX $0.3365 +0.68%
DOGE $0.0893 -0.78%
ADA $0.2187 -0.33%
BCH $256.37 -1.85%
LINK $13.22 +7.63%
HYPE $87.72 -0.11%
AAVE $134.07 -0.74%
SUI $0.8112 +1.30%
XLM $0.1918 +2.57%
ZEC $1,198.74 +0.98%
BTC $79,279.25 -0.86%
ETH $2,487.44 -0.61%
BNB $743.48 -1.80%
XRP $1.40 -1.56%
SOL $104.89 -1.55%
TRX $0.3365 +0.68%
DOGE $0.0893 -0.78%
ADA $0.2187 -0.33%
BCH $256.37 -1.85%
LINK $13.22 +7.63%
HYPE $87.72 -0.11%
AAVE $134.07 -0.74%
SUI $0.8112 +1.30%
XLM $0.1918 +2.57%
ZEC $1,198.74 +0.98%

KULR obtains a $20 million credit line from Coinbase to continue increasing its Bitcoin holdings

2025-07-08 20:13:18

ChainCatcher news, according to the official announcement, KULR Technology Group (NYSE American: KULR) today announced a $20 million credit facility agreement with Coinbase Credit, Inc. to support its strategic Bitcoin accumulation plan.

This is KULR's first credit instrument backed by Bitcoin, providing non-dilutive capital with competitive financing rates. Since the end of 2024, KULR has integrated Bitcoin into the core of its financial strategy, committing up to 90% of its remaining cash for Bitcoin acquisitions.

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